Senator Elizabeth Warren’s Q&A at the March 7, 2013 Banking Committee hearing entitled “Patterns of Abuse: Assessing Bank Secrecy Act Compliance and Enforcement.” Witnesses were: David Cohen, Under Secretary for Terrorism and Financial Intelligence, United States Department of the Treasury; Thomas Curry, Comptroller, Office of the Comptroller of the Currency; and Jerome H. Powell, Governor, Board of Governors of the Federal Reserve System.

Phi Beta Iota: David S. Cohen is representative of the total corruption of the Department of the Treasury. Jerome H. Powell joins him. The complicity of the US Government — and most particularly the ostensible experts at Treasury and the ostensible representatives of the public interest — is quite clear. There is no one at Treasury or Justice actually concerned with the public interest, only with protecting the special interests.